Stock Prices Slide as Call Money Rises on Bank Loan Rush
New York AP reports stock prices weakened after heavy bank loan calls pushed the call money rate to the highest in over two months. Trading was light with 494,200 shares. Mixed corporate news included a Florida real estate collapse, weather impacts, auto model price cuts, and strong earnings from mail order firms, while rail and commodity shares showed varied movement.
MENTIONED IN THIS ARTICLE
New York
Plor'da
Iir
Macy
Atchison
Storey
Mack Trucks
Athkintic
Standard
New Jersey
United States Steel Common
Baldwin
Atchison Ailroad
Stretain
Booth Fisheries
Kelsey Wheel
Patton Elestical Supply
Consolidated Distructors
McCrory Stores
Southern Railroad
Atlantis Coast Line
Louisville and Nashville
Southern Railway
Cannadian Pacific
Chicago and Eastern Winness
Mossouri Pacific
New York Centra
Western Pacific
Foreign exchange rates in New York for June 1
The New York foreign exchange market quotes demand and cable rates in cents for numerous currencies. Notable figures include Great Britain at 486 1 2, 488 1 2 for radios, France at 3.26 1 2, Italy at 3.36, Belgium 3.16 1 2, Germany 23.89, Spain 15.97, Japan around 40.08, Portugal 6.17, and several others with varying 60 day bill bases and cable quotations.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Italy
Belgium
Germany
Holland
Switzerland
Spain
Greece
Poland
Jugoslav'g
Austria
Rouman
Argentina
Montreal
Portugal
Packard Motor
New York Stock Exchange
Humerson Brangtin
Endicott Johnson
Pan Am
van Ap West
Fairbank
Mores Co
Penick Ford Ita
Fairbanks
Morac
Aeand
Amoll Bt
Mis Chalmers Bite
Fidenty
Phen Finstet
Pere Mariam Bibby
Allis Chaimp Amerada, Corp
Nat
Philadel le Tas
Lfia
Phila Co
Ain Agel
Peinchmann Co Athy AB
Phillins Too
Phila Itdy
Pettas
Bosch
Foundation
GBOC
Pierce Arrow
Freeport
Texas
Gabriel Snabber
Ceival Bey
General Motors
Hide Leath Ag Aly
Patroleum
N. J
Inter Corp
Aldden
Pullman
Goodyear
Trailroad Securities Ie
TIA
Gotham
Nesik
Sano Great Norden
Great West
Replogia Steel
Seel Films
Ene
Aoe
Repub Leon Eners Agg
Aot
Reynolle Spaisi
Alto Guilt States Steel
Hanon Co
Bon Royal Do
Aarhnan Corp
St. Joseph
St Louis
Loula South
Siudson Mantiatin
Rita
Archer Dan
Sean Air
Don Armour Co
Seagrave Co
Dade
Gas
Sears Hoebk Nw
Arcot
Asea
Indian Refining
Shelinek Ae
Inland Steel Ae
Bala
Shel Uaton
Atehfaan Atoh
San Fe
Fc Interborough
Rg Rewe
AML Shaete
Intervon Tenbber
Shubert Theatre Co A
Tntergai Agri Corp
Shamona Av
Coaat
Agrip
Simama
Austin Nichola
Bnay
Int Harvester
FOI
Mdi
Baltimore
Mere Marine P
Ab Gua Klee
Barnsdall Corp
Beldin
Hemluwar
Bethlehem
Jordan Motors
Studebakaroo Bay
Kansas City
Symington
Fan City
Bouthemn Ry
Treoklin Halson
Kayser
Tiklyn Mark
Kelsey
Texas Gnif & Kale
Myers Tay
Myers
Loew's Inc
Union Beg
Lott Inc
Union Pacific
Union Prep
Bush Terminal
Pierre
United Drug Tss Oy
Talinvilla Nash
Beth
Jae
United Drug
Loweville Gas
Macy
BON xaVanadien
Pao Leather
Manhattan
K & Resly
Cerro de Pasco
Maracaivo
Marlin Rockwell
Roby Mathieson
Univ
Lena Jay
Western
McCrory
al Bey
Miss Pacific
Nash Aa
Walworiit Co
Nash Motors
Nationale Piscman
Weber Helibron Sry
Belg Consol
Wits
Nat Distillers
Aig
Mtg Az
Wheeling
Erie
White “Eagle
White Motor Co i
Spencer Stott
Willys
Wilks
Davison
Delaware
AORN
Petroft
Wright Aern
Dodga Bros
NY Bra
Yale Towne
NY State
Norfolk West
North Amar Co
Duquesne T. Up
Ivy Ag
Eastman Kod
North Am Edis
Northea
Treasury Balance Report From Washington Daily Statement
Treasury balance data from Washington shows the general fund holding 105 262,023,005 76 in the latest daily statement.
MENTIONED IN THIS ARTICLE
Washington
U. S. Treasury
Basin-E General Fund
Curb prices fall as trading proves dull and listless
New York June 1 AP Trading News reports a listless curb market with an irregular downward trend. Higher call money rates and reduced pool activity dampened buying. Oils stayed active but crude oil output rumors limited bullish bets. Several stocks barely moved with mixed results across industrials and utilities amid notable drops in some industry favorites.
MENTIONED IN THIS ARTICLE
New York
Apy
Rakins A
Lehigh Valley
Midvale Company
Delaware
Swift International
United Biscuit
Continental Baking
Glen Arden Coal
Goonsear Tire
van Camp
Devoe
Reynolds
Prague
Vienna
Realty deeds and mortgages flood local property records
The docket lists numerous warranty and mortgage deeds involving buyers and sellers such as Mara Bachman, Nathan Ohl, Margaret Joancsik, Louis Gol i, Carrie Hawke, Harry Silverstone, and Edward Shanahan with banks like Bridgeport Savings Bank and People's Savings Bank. Real property transfers span Brooks Street, Grovers Street, Maplewood Avenue, Bell Street, Saview Avenue, Kocion Avenue, Rocten Avenue, Groyers Street, Farmer Avenue, Maineet, Taft Avenue, Fairfield Avenue, and West Moor Ban Street. The stream includes quitclaim actions and transfers to and from lenders, trusts, and individuals.
MENTIONED IN THIS ARTICLE
Mara Bachman
Nathan Ohl
Brooks Street
Margaret Joancsik
Louis Gol i
Grovers Street
Carrie Hawke
Harry Silverstone
Maplewood Avenue
Charles Siakmar
Michael Babey
Bell Street
Rokoczi Hungarian S.ck Benefit Society
Nathan Olto
Maria Bachman
Edward Rempiler
Ti People’s Saveings Bank
Saview Avenue
Edward Shanahan
Bridgeport Savings Bank
Kocion Avenue
Edward Shana‘tan
Kaci Shirra
Rocten Avenue
Angelica Grabolski
Luis Gold
Margaret Johanesk
Groyers Stree
Michael Guk
Mike Mark
Farmer Avenue
Samuel Newman
Abraham Handleman
Maineet
George Jameson
West Title Bank
Taft Avenue
Clain Deeds
Rose Condonto
Rocton Avenue
Adina Grabolski
Edward Realty
Rocton
Employment Outlook Positive Across Regions Says Labor Dept
The latest Labor Department report notes strong overall employment with stable levels in most months. Bitu minous mining shows a seasonal dip while unskilled idle numbers fall due to farm work building programs and municipal projects. Conditions are especially good in the northeast and northwest with Maine and New Hampshire exceptions.
MENTIONED IN THIS ARTICLE
United States Department of Labor
Labor Department
Maine
New Hampahire
Iowa
Metal Market News From New York June First
Copper dull and steady spot at 187-8 cents, tin irregular with spot around 60.00 and sutures 59.50, lead steady at 7.65, zinc firm, iron and alloys near 6.05-7.00, antimony at 9.60. Market notes electrolytic copper and nonferrous prices across grades and regions.
Clearing House Report Sparks Markets Amid Clearing Figures
New York June 1 clearing house report shows Exchange at 948.0 million dollars balance 111.0 million and Federal Reserve Bank credit balance 103.06 million. Figures reflect banking liquidity and post closer market tone pending further data.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Bank
Local Wholesale Market Brisk With Stable Prices
Trading at the farmers wholesale market was brisk today with green vegetables plentiful and demand steady. Western dressed meats remained firm while poultry, dairy, and hay and grain prices showed only small changes, and numerous item prices are listed for apples lemons oranges and vegetables.
MENTIONED IN THIS ARTICLE
Poulin
Pruite
Applea No Ff
Forey
Grape Trust
Florida
Texas
Ighicken
Liberty Bond Market Report From New York June 1
Liberty bonds close mixed with varied prices led by Liberty 3 1-28 at about 100.24 and Fourth 4 1-48 near 108.95. Treasury issues also show multiple bids and yields with notable readings around 107.14 and 104.08 as traders monitor debt sales and demand.
MENTIONED IN THIS ARTICLE
New York
Liberty
Treasury
Treasury Oo
Grain Chicago Wheat and Corn Slip on Rain and Liverpool Decline
Wheat and maize opened lower as private 1929 yield estimates proved optimistic. Beneficial rains across the country and a sharp drop in Liverpool quotes pressured prices. Opening bids saw Wheat July 1.88 Sept 1.31 4 Dec 1.84. Corn July 7 5-8 Sept 78 Dec 75. Oats July 99 3-4 Sept 40 3-2. Wheat closed irregular with small losses. corn and oats largely down with provisions up.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Money New York Call Money Rates Report
Call money shows strength with high 6 and low 4, ruling rate at 4. Closing bids at 4, offerings 41-4. Last loan Joann accepts 31-25. Joane steady with mixed collateral. 66-90 days and 4-6 months at 4. Prime mercantile paper at 4.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Cotton futures mixed as spot market quiet in New York
Cotton in New York on June 7 remained quiet with middling at 18.5. Futures closed barely steady with July at 18.38 and other nearby months fluctuating from 17.50 to 17.69 as contracts edged lower.
MENTIONED IN THIS ARTICLE
New York
Rubber RW York Trade Notes
A compact market note references Rubber RW York with volatile bids and price cues. Mentions July September 39.20 and December, signaling near-term commodity activity and shifting quotations.
MENTIONED IN THIS ARTICLE
York
Europe Gains In Foreign Bond Demand On Bright Outlook
New York June 1 AP foreign bond demand rose as European financial prospects improved while domestic demand slid with hiking money rates. European currencies and governments led gains with French obligations boosted by confidence in the Ariand government. German and Dutch issues also strengthened amid plans for new financing and currency stabilization steps.
MENTIONED IN THIS ARTICLE
Europe
Ariand
General Electric Ta
Mima
Steel Te
Rotterdam
Inswer
American Telephone
Stettin
Germany
Public Utilities Company
Aeat
Prudence Capital Enlarged Fourfold In Real Estate Firm Move
Prudence Company Inc enlarges capital fourfold with 15 million dollar bond issue. William M. Greve, president, says collateral trust bonds rated at 4 2 per cent will be sold by a banking group led by Halsey Stuart. Capital increases from 2.59 million to 10 million, with 5.4 million preferred stock and 2.5 million common shares. Guarantee fund rises from 4 million to 12.5 million.
MENTIONED IN THIS ARTICLE
New York
Prudence Company, Inc
Mortgan
William M. Greve
Halsey
Stuart
Brateoes Company
Prudence Bonds
Also Mentioned on This Page
Frances
Treasury Balance
Realty Regords
Philip N. Miller and Company Certified Public Accountants
Bridgeport
Conn
First National Bank
Barnum
William L. Keating
Philadelphia
San Francisco
Los Angeles
The
Associated Press
Eay
Caresoms
Besocm
TES
Basan
Metal Market
Clearing House
Prudence
Connecticut Electric Service Co
Connecticut Light & Power Co
Hincks Bros. & CO
Main Street Telephone
N. Y. Stock Exchange
N. Y. Cotton Exchange
N. Y. Coffee & Sugar Exch
Chicago Board of Trade
I Broadway
New York City
Aliso
Gly National Bank of Bridgeport
Bacon Wakeman & Son
Enc
Unquowa Road
Fairfield
Mutual System CO. i
Enier
the Mutual System
Bank Street
Dts
Fidelity Loan Corp
John && Bar
State of
Connecticut
Delas
Intertat
United Loan Corp
Fairfield Ave
Water St
Newsrap
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